GYGC (Guyana Gold) Debt-to-Equity : 0.00 (As of Sep. 2023)

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What is Guyana Gold Debt-to-Equity?

Guyana Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Guyana Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Guyana Gold's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-0.27 Mil. Guyana Gold's debt to equity for the quarter that ended in Sep. 2023 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Guyana Gold's Debt-to-Equity or its related term are showing as below:

GYGC's Debt-to-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.16
* Ranked among companies with meaningful Debt-to-Equity only.

Guyana Gold Debt-to-Equity Historical Data

The historical data trend for Guyana Gold's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Guyana Gold Debt-to-Equity Chart

Guyana Gold Annual Data

Trend

Debt-to-Equity

Guyana Gold Semi-Annual Data
	Sep23
Debt-to-Equity	-

Competitive Comparison of Guyana Gold's Debt-to-Equity

For the Shell Companies subindustry, Guyana Gold's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Guyana Gold's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Guyana Gold's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Guyana Gold's Debt-to-Equity falls into.

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Guyana Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Guyana Gold's Debt to Equity Ratio for the fiscal year that ended in . 20 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(	+	)	/	N/A
	=	N/A

Guyana Gold's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	-0.272
	=	0.00

Guyana Gold (OTCPK:GYGC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Guyana Gold Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Guyana Gold's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Guyana Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Guyana Gold Corp (OTCPK:GYGC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

220 Bowen Way, Covington, GA, USA, 30016

Website

https://www.guyanagoldcorp.com

Guyana Gold Corp is a holding company focused on corporate acquisitions, mergers, private equity, real estate, and tailored consultancy. The Company's objective is to focus will be live streaming for sports and entertainment that provides live stream and fundraising opportunities for kids sports of all ages.

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